MIVA
ActiveMIVA has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €196k and a net result of €11k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 67% of 13044 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
89
/ 100
Excellent▲ +37 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+29
Solvency81▼-12
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.79 in 2024), and 49.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.5%
Return on assets
3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
36 d early
2023
22 d early
2022
72 d late
2021
2 d early
2020
31 d late
2019
42 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€196k▲ 6.2%
2024 · €184k
2018: €73k
2019: €88k
2020: €113k
2021: €339k
2022: €252k
2023: €253k
2024: €184k
2018 → 2025
Total assets
€388k▲ 22.0%
2024 · €318k
2018: €292k
2019: €480k
2020: €448k
2021: €516k
2022: €430k
2023: €370k
2024: €318k
2018 → 2025
Net result
€11k
2024 · €-69k
2018: €4k
2019: €15k
2020: €25k
2021: €226k
2022: €-87k
2023: €1k
2024: €-69k
2018 → 2025
Working capital
€67k▼ 36.2%
2024 · €105k
2018: €13k
2019: €38k
2020: €77k
2021: €323k
2022: €233k
2023: €202k
2024: €105k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€339k-€252k▼ 25.8%€253k▲ 0.5%€184k▼ 27.2%€196k▲ 6.2%
Operating result€194k-€-61k€8k€-58k€66k
Net result€226k-€-87k€1k€-69k€11k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €66k after a loss of €58k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €388k
Fixed assets
€129k▲ 62.4%
Current assets
€259k▲ 8.6%
Equity and liabilities €388k
Equity
€196k▲ 6.2%
Debt
€192k▲ 43.8%
The debt ratio rises from 42.0% to 49.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€96k▲
2024 · €-34k
Cash flow
€41k▲
2024 · €-44k
Solvency
50.5%▼
2024 · 58.0%
Current ratio
1.35▼
2024 · 1.79
Quick ratio
1.15▼
2024 · 1.49
Debt / equity
0.98▲
2024 · 0.72
ROE
5.9%▲
2024 · -37.4%
ROA
3.0%▲
2024 · -21.7%
Interest coverage
8.42▲
2024 · -7.26
Debt
€192k▲
2024 · €134k
Debt ≤ 1 year
€192k▲
2024 · €134k
Income taxes
€48k▲
2024 · €7k
Staff costs
€618k▼
2024 · €670k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€318k€388k▲
Fixed assets21/28€79k€129k▲
Tangible fixed assets22/27€79k€129k▲
Land and buildings22€10k€12k▲
Plant, machinery and equipment23€11k€13k▲
Furniture and vehicles24€59k€104k▲
Current assets29/58€238k€259k▲
Stocks and contracts in progress3€40k€38k▼
Stocks30/36€40k€38k▼
Amounts receivable within one year40/41€85k€76k▼
Other amounts receivable41€85k€76k▼
Cash at bank and in hand54/58€104k€135k▲
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€318k€388k▲
Equity10/15€184k€196k▲
Contributions10/11€19k€19k=
Reserves13€166k€177k▲
Distributable reserves133€166k€177k▲
Amounts payable17/49€134k€192k▲
Amounts payable within one year42/48€134k€192k▲
Trade debts44€767€26k▲
Suppliers440/4€767€26k▲
Taxes, remuneration and social security45€133k€161k▲
Taxes450/3€51k€76k▲
Remuneration and social security454/9€82k€85k▲
Other amounts payable47/48-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€670k€618k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€29k▲
Other operating charges640/8€513€38k▲
Non-recurring operating charges66A-€12k
Gross operating margin9900€637k€764k▲
Operating profit (loss)9901€-58k€66k▲
Financial income75/76B€703€5k▲
Recurring financial income75€703€5k▲
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€-62k€60k▲
Income taxes67/77€7k€48k▲
Profit (loss) for the period9904€-69k€11k▲
Profit (loss) for the period to be appropriated9905€-69k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€11k▲
Transfer from equity791/2€69k-
Transfer to equity691/2-€11k
To other reserves6921-€11k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 72 days late
2022
31-12
Financial
Weakest financial yearnet €-87k ▼139%
Net result drops to €-87k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €226k ▲802%
Operating result €194k, net result €226k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.83
Current ratio from 1.25 to 2.83; short-term debt falls from €315k to €176k.
31-12
Financial
Equity above €200kEq €339k ▲200%
4 profitable years in a row build equity to €339k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €113k ▲28.6%
3 profitable years in a row build equity to €113k.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Minderbroedersstraat 123500 HasseltGround area
897 m²
Building footprint
554 m²
Volume, LiDAR
6,218 m³
Parcel 71022H1281/00K000, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MIVA
since 20082.168.347.502
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H1281/00K000 | Flanders | 897 m² | 1 · 554 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.168.347.502
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 8,500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2008
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.